- Rayont (OTCQB:RAYT) through its wholly owned subsidiary Rayont Australia acquired 100% of the total outstanding shares and units of The SkinDNA Company, in exchange for AUD 750K (~ $500k).
- Rayont shall pay by issuing 1.52M shares to the shareholder of record of The Skin DNA Company Pty Ltd.
- The Skin DNA Company is a pioneering brand behind the multi-award-winning skin DNA testing technology SkinDNA since its conception in 2008.
- Marshini Moodley, President and CEO of Rayont Inc., said, “The acquisition of SkinDNA is an important addition to Rayont personalized natural healthcare portfolio because it offers our growing community of complementary and alternative medicine customers an increasing network of naturopaths and practitioners a reliable technology to personalize products, services and treatments to patient’s needs.”